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having u.s. ambassadors killed in the future. that's it. >> okay. >>> coming up, warren buffett will be here onset. also senate majority whip dick durban. jake tapper and celebrity chef tom colicchio. >> those are all great. but now, unfortunately, we've got to wait for our good guests to come on. >> we're going to lose everyone. >> up next, jim vandehei joins us here onset. >> the clicking of channel changers across america. jim, we love you! come over here! >> bill karins -- oh, no, speaking of -- >> what? >> we call him c.g. for -- >> no, we don't. >> c.g., what do we got? >> now i've got to think of something creative for what c.g. stands for. snow is falling in a few areas this morning, we're looking at new jersey, looks like the suburbs outside philadelphia and new york could see snow. getting ready to treat a lot of those roads. a lot of that eco friendly rock salt. let's show you what's happening on the radar, the pink is where it's a little bit of a mix and the green is the rain. we've set up the boundary line somewhere north of philadelphia and just north of new york c
on spending problems because that's the problem we have. >> warren buffett wrote this fascinating piece in the "new york times" today. you're familiar with it today. suppose they come to you with an investment idea. i'm in it. i think you should be, too. would your reply be this? it depends on what my tax rate is on the gain we're going to make. if the tax isn't too high, i'd rather leave the money in my savings account. war len buff set says only in norquist imagine kwis. why are you so concerned about protecting the vast wealth of america's small percentage of increasingly rich people? why do you care? >> i'm in favor of not raising taxes on all the american people and as you know the american people quite rightly understand that politicians who say i tax the rich have not finished the sentence. the sentence runs i'm going to tax the rich first and then i'm coming for the middle class. obama said he would tax people na mate that make over $250,000 a year. in 2012 he changed the promise. he didn't proposition people he won't raise taxes on you if you make less than $200,000. the new pr
. >> nancy, thank you. >>> billionaire investor warren buffett on monday i asked him about the fiscal cliff. here is part of that interview. >> what happens if the fiscal cliff comes and happens? what will it do to our economy? >> i don't think it will do that much. i think people will assume a solution will be found quite promptly. it's a little like the debt ceiling question. people know -- the rest of the world may think we're idiotic at times but don't think we're going to commit suicide. so i think if -- i hope something gets worked out before january 1st. if it goes a little bit beyond that, i don't think -- >> if it's january 10th -- >> if you guaranteed me that the fiscal cliff, we would go past that, i wouldn't sell a share of stock today. >> you have confidence that in the end they will fix it? >> and that this economy works. >> he is confident of a deal huh? >> he really does. he believes there's a possibility -- he thinks it will take some time. first thing he wants to see is a minimum tax, which they can do now in terms of people who make more than a mi
with the president over the weekend. the white house's pr campaign is being buoyed along by warren buffett who is voicing support for tax hikes for americans just like him. >> i think it would have a great effect in terms of the morale of the middle class who have seen themselves paying high payroll taxes, income taxes and then watched guys like me end up paying a rate that's below that, you know, paid by the people in my office. >> joining me now is wisconsin's republican senator ron johnson. senator, it's great to have you with us this morning. and as we talk about what's taking place in washington, d.c. right now, the million dollar question is all concerns around senators lindsey graham, saxby chambliss, congressman peter king among other republicans who said they'd be willing to break away from grover norquist's anti-tax pledge. will you say if you're willing to break that pledge in order to save the country from the fiscal cliff. >> hello, thomas. and first of all, i signed that pledge two years ago, and the reason i signed it is because i think increasing tax rates, increasing the amoun
had warren buffett on the show yesterday. warren buffett said raising the top marginal tax rate to 39.6% wouldn't catch any of the top income earners in america. that it would not impact them at all. now why shouldn't republicans be focusing on that, the real political battle in washington today, instead of focusing on a battle they know they're going to lose, against a woman of color after they just got shellacked in the polls among people of color and females. why are they doing this? and, andrea, a bigger question, as we go to a new congress, is john mccain going to continue to have the disproportionate impact that he has on foreign policy in the republican senate caucus? mika and i talked to so many people over the past two, three years that say we want, republican senators, we want out of afghanistan but, you know what, we just sort of stay out of john's way. how many times have we heard that? >> a lot. it's disturbing. >> we hear it all the time. they stay out of his way. are they going to blindly follow and, again, i love and respect senator mccain, but i don't want my party to
't think you see anyone saying it has to be one plan. warren buffett put one out this week as a way to bring in the revenue. >> a minimum tax on the wealthy. >> right. people are open to different plans. that's the most important thing. you haven't seen people say, it's my way or no other way. that's not what happened. >> it seems the president says you have to get there by rates. >> if you need the significant revenue, i believe you have to do something with rates. let's let everyone put their proposals out. we want to do something significant, not just pretend that people are doing it. >> how much is this posturing -- people who are involved in this seem to say i think we'll get the deal. is that what you think? if so, when? >> oi think first of all the election demanded such a deal. you look at the candidates that lost, we're adhering to rigid ideologies, while the balance of power didn't change in washington, there was a message from the people of this country that they wanted to see a different tone, wanted to see people who were willing to stand next to someone that they didn'
. >> only story you care about. >> of course. might be some mheisman voters. >> warren buffett. excellent, powerful piece "new york times" in the about taxes on the rich. he says the rich have been just beating the middle class in the economy over the past three decades. he has some great statistics. he also says this notion that rich people like him will stop working hard and investing if taxes go up is crazy. he says, i made a lot of money in the '50s, in the '60s when taxes were higher. it's time for us to pay up. a very powerful piece. >> he starts off that piece "new york times" in the saying an investor you had miadmire comesd says i've got this great deal. i'm in. you should be, too. would you reply it all depends on the tax rate on the gains i'm going to make. if the taxes are tie hioo high goes on to slap grover norquist. >> that's not fair. >> in this piece he actually says he's in favor of higher taxes for the rich. but he actually disagrees with the president at what level shah should kick in. he thinks it should be half a million. very interestingly, he says at the very, very
, taxes, things that distort economic activity. >> warren buffett wrote an interesting op-ed. he is a supporter of the president but said he does not favor raising rates on people making more than $250,000 but said he would support it for people making $500,000. is there an income level where you support or at least not oppose vehemently the idea of racing rates? >> again, you know, i don't think that's a constructive direction to go in. we -- you know, we could just keep adding ever more brackets, and ever more burdens on people who are productive or have a couple of good years in their business. i think all of that discourages economic growth and discourages risk taking and entrepreneurship. so i'm in favor of moving in the direction of a flatter tax system. of fewer brackets, lower rates, simplicity where we get rid of all the distortions that happen in the tax code, rather than speculating about how many different new brackets we should create. >> i want to get to benghazi. on taxes you talk about closing loopholes and reducing destructions. grover norquist says that would vi
Search Results 0 to 7 of about 8